Product Profitability: The Power to Perform

How much are your products really costing you? Create a solid cost analysis on how much it takes to develop, market, sell, install and support a product, and how much you should charge to truly recoup those costs. Through continuous monitoring and measurement, SBI can help you choose which products to keep, which products to delete, and which products to fix to meet standards.

Phase 4: Product Profitability

In this phase, SBI will help you monitor KPIs to determine how the product is performing.

The Problem

You don’t know when to double-down on products that are profitable and fix or kill ones that are not. An unprofitable product destroys value for your company. And by profitability, we don’t just mean the difference between the cost to build a widget and the price the market pays for it. True profitability includes the cost to build, maintain, market, sell, install, support – you name it.

The Solution

Product Profitability Assessment

Cost Analysis

Build

Market

Sell

Install

Support

Fix or kill analysis

When you have determined whether a potential product could be a profitable enterprise, the next step comes in Phase 5: Business Planning.